3 ms·
25% growth in anything at scale is interesting. It's true that some other places are ahead. For example solar in Australia has been growing at at average of 29
by nl 2y ago
25% growth in anything at scale is interesting.
It's true that some other places are ahead. For example solar in Australia has been growing at at average of 29% per year for 10 years[1], and wind at 15% per year for 10 years.
But every energy market is unique. The US has a huge supply of new, cheap oil and gas from fracking, and that means it has taken longer for solar to be cheap enough to undercut the politics of the fossil fuel lobby.
[1] https://www.energy.gov.au/energy-data/australian-energy-statistics/renewables https://www.energy.gov.au/energy-data/australian-energy-stat...